14,457 Shares in iShares S&P 500 Value ETF (NYSEARCA:IVE) Acquired by Sofi Wealth LLC

Sofi Wealth LLC acquired a new position in iShares S&P 500 Value ETF (NYSEARCA:IVE) during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund acquired 14,457 shares of the company’s stock, valued at approximately $2,760,000. iShares S&P 500 Value ETF accounts for about 0.2% of Sofi Wealth LLC’s portfolio, making the stock its 14th biggest position.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the stock. Thurston Springer Miller Herd & Titak Inc. lifted its stake in iShares S&P 500 Value ETF by 100.0% in the fourth quarter. Thurston Springer Miller Herd & Titak Inc. now owns 152 shares of the company’s stock valued at $29,000 after buying an additional 76 shares during the period. Kentucky Trust Co acquired a new position in iShares S&P 500 Value ETF in the fourth quarter valued at approximately $29,000. Centricity Wealth Management LLC acquired a new position in iShares S&P 500 Value ETF in the fourth quarter valued at approximately $34,000. Valued Wealth Advisors LLC acquired a new position in iShares S&P 500 Value ETF in the third quarter valued at approximately $35,000. Finally, Perkins Coie Trust Co acquired a new position in iShares S&P 500 Value ETF in the fourth quarter valued at approximately $35,000.

iShares S&P 500 Value ETF Stock Up 0.1 %

NYSEARCA IVE opened at $196.65 on Tuesday. The company has a market cap of $35.87 billion, a price-to-earnings ratio of 22.47 and a beta of 0.95. iShares S&P 500 Value ETF has a 52 week low of $176.09 and a 52 week high of $206.63. The business has a 50 day moving average price of $194.13 and a 200-day moving average price of $196.02.

iShares S&P 500 Value ETF Company Profile

iShares S&P 500 Value ETF (the Fund), formerly iShares S&P 500 Value Index Fund, is an exchange-traded fund (ETF). The Fund seeks investment results that correspond generally to the price and yield performance of the S&P 500 Value Index (the Index). The Index measures the performance of the large-capitalization value sector of the United States equity market and consists of those stocks in the S&P 500 exhibiting the strongest value characteristics.